Africa / News
_1750862283.jpeg){kind=spacer}
Putin to skip Rio BRICS summit over ICC warrant as Xi signals no-show
Brazil's hosting of next month's BRICS summit is being overshadowed by the likely absence of two of the bloc's most powerful leaders, threatening to dent the gathering's geopolitical significance.
Rwanda and DR Congo reach draft peace agreement
Restoring peace to the mineral-rich east of DR Congo could unlock billions of dollars in Western investment.
Botswana diamond firm Debswana aims for $1bn funding raise to expand flagship Jwaneng mine
Debswana is forging ahead with the expansion project despite a decline in the global diamond market.
Hilton, Marriott announce large-scale Africa hotel expansion drives
Hilton executive describes Africa as "brimming with potential" as its hospitality sector undergoes a major revival.
Mali court strips Barrick of gold mine operation for six months
Barick – which has excluded the $1bn Loulo-Gounkoto gold complex from its 2025 production forecast – says an arbitration process is “fully underway” via the IICSID, a World Bank arbitration panel.
CAIRO BLOG: Egyptians condemn Israeli attack on Iran, fear of wider war
The mood on the streets of Cairo, Egypt, has been one of unease and growing anxiety following Israel's unprecedented attack on Iranian residential units.
Kenyan political blogger's death in police custody, rising taxes spark protests as country tables $33.14bn budget
Many demonstrators tied the issues of police killings and the rising cost of living, amid perceived widespread corruption by state officials, carrying banners saying "Stop killing us" and chanting "No justice! No budget!
EU adds Lebanon and Algeria to anti-money laundering risk list
EU adds Lebanon and Algeria to anti-money laundering risk list in bid to deal with informal exchanges.
“Greetings from Egypt” instagrams company boss sat in jail in Turkey
Kemal Sahin posted that he was visiting a garments plant in Alexandria – but the official record showed he was in Istanbul custody as part of Imamoglu operation.
Construction bosses turn witness in Turkey’s investigation into “Imamoglu Crime Syndicate”
Prosecution secures confessions from multiple individuals who experience claimed enlightenment in jail. Critics contend probe is entirely political and bogus.
EU selects 13 global strategic raw materials projects to boost supply security
European Commission publishes list with projects in Emerging Europe, Central Asia, Africa and elsewhere as bloc strives to reduce dependency on a handful of global suppliers.
Iranian and Egyptian officials discuss nuclear programme amid IAEA concerns
Iranian diplomats held discussions with Egyptian officials in Cairo on June 2 about Iran's nuclear programme alongside the head of the UN nuclear watchdog.
COVID is back - a new "NB.1.8.1" strain is spreading across continents
The coronavirus (COVID-19) is back. Reports from health authorities around the world have detected a new highly contagious strain of the virus that has been spreading through Asia and has now reached Russia.
China launches international mediation organisation in Hong Kong
China has launched a new international mediation organisation in Hong Kong on May 30, signed by 31 countries
African Development Bank elects former BADEA chief, finance minister of Mauritania as president
Sidi Ould Tah, who recently stepped down as Arab Bank for Economic Development in Africa (BADEA) president, must find fresh financing to offset Trump's tariffs and the likely loss of $555mn in US funding.
_0_1748406000.jpg)
China shifts from global banker to leading debt collector
Once the primary provider of capital across much of the world, Beijing now finds itself at the receiving end of record repayments, particularly from some of the world’s poorest and most vulnerable nations.
Massive protests in Tripoli demand dismissal of Dbeibeh government
Renewed violence raises fears of a new wave of conflict in Libya, which has remained in a political stalemate since the ousting of former dictator Gaddafi in 2011.
Iraq rediscovers its forgotten Somalian refinery after 45 years
An Iraqi oil refinery built in Somalia in the 1970s has remained abandoned for nearly 45 years, before re-emerging into public awareness during recent diplomatic talks.
Arab League leaders call for Gaza ceasefire at Baghdad summit amid regional crises
Gaza and Lebanon dominated the 34th Arab League Summit as some top brass skipped attendance.
South Africa must develop its gas industry or face economic regression, says energy minister
South Africa expects a sharp decrease in natural gas supplies to industries in Gauteng and KwaZulu-Natal provinces as imported gas from Pande and Temane fields in Mozambique runs low.